A 22% market correction incoming
Posted: Feb 01, 2025
- Market Outlook:
- Anticipating a downward move in the market.
- AI stocks are overvalued with high P/E ratios.
- Potential risks from inflation and geopolitical tensions.
- Stock Analysis:
- $NVDA: 2024 P/E is 92, 2025 estimated P/E is 40.
- $TSLA: 2024 P/E is 167, 2025 estimated P/E is 134.
- $PLTR: 2024 P/E is 215, 2025 estimated P/E is 168.
- Technical Analysis:
- Monthly time frame suggests a fair value price zone around 475.
- Potential for a 20% market correction.
- Recommendation:
- Short SPY, Long Crude Oil.
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